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Xetra Release 10.0 - Enhanced Connection Portfolio Technical Improvements

New High Speed Connection on Xetra

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Starting on 15 June Xetra® participants are offered to use two new separate high speed interfaces.
The freely configurable Enhanced Transaction Solution allows placing orders and prices faster. Owing to the new release order latency – the time it takes an order to travel from the trading participant to Xetra and back – is reduced to at least 50 percent.

The Enhanced Broadcast Solution provides a basis for the quickest possible transfer of unnetted maket data with increased order book depth.

The high-performance transfer mechanism guarantees low latency: Trading members find out about market events faster than ever before.
For further information please see access to Xetra.

New order type: Non-persistent order

As an option especially to the professional algorithmic trading, a so-called “non-persistent” order has been introduced. A “non-persistent” order is not being stored in the exchange systems and will be deleted in the event of trading interruptions.

Enhanced Xetra MidPoint

Thanks to Xetra Release 10.0 all order sizes are tradable in Xetra MidPoint. In future each Xetra participant can decide the required minimum acceptable quantity.

For further information please see Xetra MidPoint website.

Foreign Exchange Tradin

Starting on 3 August 2009 it is scheduled to allow trading in foreign currency assets subject to the decision of the relevant boards. In a first step ETFs and ETCs as well as structured products in foreign currencies are scheduled to be launched on Xetra.

Trading members desiring participation have to be given access by the management of Frankfurt Stock Exchange. All relevant admission forms are to be found here (other approvals).

Attachments
Title Type Size
Enhanced Xetra Connection Portfolio – Higher flexibility, lower latencypdf306 KB
Brochure: Xetra MidPoint pdf210 KB
Xetra Circular 065/09 – Activation for Trading in Foreign Currency Securitiespdf123 KB
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